Comment on Pop it in your calendars
swordgeek@lemmy.ca 1 day ago
Oooh, there’s a lawsuit waiting to happen.
$250M PLUS legal costs PLUS $250M in punitive fees. That should hurt them a bit.
Comment on Pop it in your calendars
swordgeek@lemmy.ca 1 day ago
Oooh, there’s a lawsuit waiting to happen.
$250M PLUS legal costs PLUS $250M in punitive fees. That should hurt them a bit.
MJKee9@lemmy.world 1 day ago
You can’t typically get punitive damages for contract disputes. Also, there is a very real possibility that the contract hasn’t been breached by the new owners’ actions. It sounds like they used their superior bargaining power to put a lot of questionable yet enforceable provisions in the contract.
thann@lemmy.dbzer0.com 1 day ago
Ive heard of it once where the defendant litterally wrote a book on how to use overseas buisness to pull off scams like the one he was being accused of
swordgeek@lemmy.ca 1 day ago
Punitive damages can be awarded for bad-faith bargaining, which definitely seems to be the case here.
It’s a stretch perhaps, but that’s what I think would be reasonable.
MJKee9@lemmy.world 1 day ago
Typically, conduct would have to rise to the level of fraud to justify punitives in a contract based dispute. That’s a very high hurdle in most jurisdictions. Also, at that point the conduct complained of would likely be based in tort, not contract.